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One Offer, No Discussion

Proposer
Responder
£100

Two strangers are handed £100 to divide, and a single rule for doing it.

About One Offer, No Discussion

The ultimatum game as a story: one split of 100 pounds, one accept-or-reject, no negotiation.

A Proposer names any split of 100 pounds; the Responder accepts it or rejects, in which case both get nothing. One offer, no counter-offers, no conversation, strangers who play once. The story asks what the Proposer should offer and what the Responder does. You lock in a guess, then step through the answer and breakdown.

Why quant interviews test this

This tests backward induction plus model humility: derive the equilibrium cleanly, then say why observed play differs. The written solution at /brain-teasers/ultimatum/solution lays out both halves.

The One Offer, No Discussion guide covers how scoring works, the strategy that wins, a worked example and the mistakes most players make.

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